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Market Capitalization
Bitcoin Above $16K as Cryptos Ignore the FTX Chaos
Bitcoin (BTC) is holding comfortably above its $16,000 support level as cryptos continue to ignore the FTX chaos. IDX Digital Assets CIO Ben McMillan discusses the impact of FTX’s fallout on the broader crypto market and the total market capitalization of digital assets that have fallen below $800 billion.
FTX Collapse Leaves Total Crypto Market Cap Under $800B, Close to 2022 Low
The debacle involving Sam Bankman-Fried's crypto empire has triggered a slide in cryptocurrency prices that wiped out some $183 billion of value from digital assets this month.
JPMorgan: The Shrinking Stablecoin Market Is Another Sign of Investors’ Exodus From Crypto
It’s difficult to see a sustained recovery in crypto prices without stablecoin outflows stopping, the report said.
Morgan Stanley Says Stablecoin Market Cap Is Contracting Again
The bank said it sees little evidence of leverage rebuilding in the decentralized finance (DeFi) ecosystem.
'$DAI Will Die' Tweet Twisted Back on Terra's Kwon as UST Loses $1 Peg
Terra's UST briefly fell below $6.5 billion in market cap on Wednesday morning, allowing DAI to be the fourth-biggest stablecoin on the market for a time.
Cryptocurrency Market Tops $2T for First Time Since May
Bitcoin is joined by ether and cardano, which have surged 11% and 53% in the last seven days respectively.
Market Wrap: Bitcoin Steadies After $300B Market Cap Dump on Taxation Trepidation
Analysts pointed to the Biden proposal to double capital gains taxes on high-income individuals as the catalyst.
Latest 'Altcoin Season' Fueled by XRP, Tron, Stellar Pushes Crypto Market Value to $2T for First Time
The industry's latest leg up has been fueled by ether and other alternative currencies, with bitcoin's rally pausing this year.
Bitcoin Is Worth $1T and OKCoin Delists BCH and BSV
Bitcoin, now worth more than most U.S. corporations, first reached "dollar parity" 10 years ago.
Bitcoin’s Price Surge Accelerates After Passing Milestone of $1T Market Value
The price could go higher, unless traders start taking profits.
